BankSA branch at Port Adelaide for sale

BankSA branch at Port Adelaide for sale
Jonathan ChancellorDecember 7, 2020

The first BankSA branch is for sale in Port Adelaide.

The heritage-listed property is currently being used as a home, but has functioned as a serviceman’s club for WWII soldiers, Formby's restaurant, after its early days as a bank branch.

The five bedroom, two bathroom premises have a grand entrance leading into a ballroom-sized hall. It has original timberwork, ornate ceilings and leadlight.

Ray White Port Adelaide agent Nick Psarros says the 1906 property has potential as a live-in business.

It has a commercial kitchen with the old vault being used as a wine cellar.

It has $750,000 hopes.

Jonathan Chancellor

Jonathan Chancellor is one of Australia's most respected property journalists, having been at the top of the game since the early 1980s. Jonathan co-founded the property industry website Property Observer and has written for national and international publications.

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